Best PCP deals new and used

Best PCP deals new and used

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sixor8

6,375 posts

271 months

I notice the excess mileage charge on the Honda is 9.83p per mile. Plus VAT presumably, so equivalent to the cost of a car doing about 60 mpg (plus whatever your charging costs). That's not too bad.

The eNy1 I had in March on 6k miles p.a. has an excess charge of 13.07p + VAT per mile. frown Even charging on Octopus Go overnight, that'd be over 18p per mile, equivalent to a petrol car doing only 35 mpg)

Pulse00

537 posts

102 months

sixor8 said:
I notice the excess mileage charge on the Honda is 9.83p per mile. Plus VAT presumably, so equivalent to the cost of a car doing about 60 mpg (plus whatever your charging costs). That's not too bad.

The eNy1 I had in March on 6k miles p.a. has an excess charge of 13.07p + VAT per mile. frown Even charging on Octopus Go overnight, that'd be over 18p per mile, equivalent to a petrol car doing only 35 mpg)
I don't understand your logic. Your factoring in the "depreciation" (excess mileage charge) for the electric car but not the petrol car?

sixor8

6,375 posts

271 months

Eh? It's nothing to do with depreciation. On a PCP, it's not a concern for the person having the car.

I have an EV and other ICE cars, as I expect do many people. I was comparing the cost of accepting the extra mileage charge or keeping to the contract mileage and using a different car. I happened to sell my Fiat Panda 1.2 when I got my EV, and that cost 14p per mile in fuel alone. My current EV would cost more than that if I exceed 18,500 over 3 yrs, but the one on the contract mention above would still be less per mile, including the 2.5p - 3p per mile in charging costs (depending on your tariff, mine is in that range)

ETA: My sister has an e-Niro through salary sacrifice since late 2020 and it is 9.5p per mile plus VAT excess mileage charge. And she gets charging fees back when out for work, so I told her it shouldn't be a big concern, her other vehicle is a van for the dog. smile When she switches to an id4 in September, the excess is 14p per mile + VAT. eek THAT is the charge that reflects depreciation, for the loan provider. They aren't worth as much at 3 / 4yrs old with average mileage that the finance houses initially thought.


Edited by sixor8 on Monday 1st July 08:14

Pistonheadsdicoverer

305 posts

49 months

waterwonder said:
Thanks
Probably a misprice as it is gone as of this morning. I was going to call them. Still waiting for that elusive sub £200 EV deal

CivicDuties

5,269 posts

33 months

Shambler said:
How did you get the £132/month price? Auto trader advert says...

"We couldn't calculate any finance rates for this selection. Try changing your deposit, term or mileage. Alternatively contact Arbury Nissan Bromsgrove."

Pistonheadsdicoverer

305 posts

49 months

He could have inferred it from the listing page which used to show the Nissan Leaf at £132 as of last night. No longer does this morning.

littlebasher

3,800 posts

174 months

Talking of Leafs, in an earlier page i mentioned how Autotrader were showing PCB deals for them at stupidly low prices. After enquiring, most were bait n' switch.

Last week i was able to find one though, and although not as cheap, was still cheap enough

So one old Lexus, £400 deposit and £110 a month got me a 2022 Leaf N-Connecta (8K miles)

I was spending more than that in fuel, parking and car tax. I also get to charge it for free at work.

CivicDuties

5,269 posts

33 months

littlebasher said:
Talking of Leafs, in an earlier page i mentioned how Autotrader were showing PCB deals for them at stupidly low prices. After enquiring, most were bait n' switch.

Last week i was able to find one though, and although not as cheap, was still cheap enough

So one old Lexus, £400 deposit and £110 a month got me a 2022 Leaf N-Connecta (8K miles)

I was spending more than that in fuel, parking and car tax. I also get to charge it for free at work.
Great deal. Where did you get that from please and how much was your Lexus trade in worth?

nufcfan

117 posts

166 months

Any decent pcp offers for the new quarter? Was hoping to see something worth going for on xc60/q5/x3 but not found anything really. Tempted to just lease an xc60 B5 at the moment.

littlebasher

3,800 posts

174 months

CivicDuties said:
Great deal. Where did you get that from please and how much was your Lexus trade in worth?
Henson motor group in Newcastle. Got £900 for the Lexus

I think they have a Leaf Tekna for similar money.

Pistonheadsdicoverer

305 posts

49 months

Yesterday (23:30)
quotequote all
SpamDisco said:
Yes, you can extend any time from the last 30 days of the existing warranty, there's different levels of cover, use an old reg: for current prices:
https://www.insurewithvolkswagen.co.uk/extended-wa...
That looks like a really good deal from £150 per year plus you can renew it each year.
I can see an ID3 on lease on AT for around 150 per month with 1000 deposit. That would be a good one.